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News

Economics / Markets

SLI chief Skeoch says FTSE to end year at 6,000

Keith Skeoch, the head of Standard Life Investments, has predicted the FTSE 100 will close the year at 6,000 points, 14% higher than yesterday's closing figure.

clock 13 August 2010 •

Wrap/platforms

Cautious Managed continues to reign supreme on Cofunds

The Cautious Managed sector maintained pole position on Cofunds in July as advisers continue to focus on multi-manager funds.

clock 12 August 2010 •

Investment General

Nuns to sue Deutsche Bank and Morgan Stanley

Three groups of nuns are leading a £3.2m lawsuit against Deutsche Bank and Morgan Stanley.

clock 12 August 2010 •

Your profession

True Potential meets FSA over DA approval delays

True Potential managing partner David Harrison today met with FSA executives to discuss ways to speed up the application process for firms seeking direct authorisation.

clock 12 August 2010 •

Pensions

Govt urged to link ISAs and pensions

Young people must have simpler and more flexible options to save made clear to them, says Fair Investment.

clock 12 August 2010 •

Individual Protection

Aegon to decide future by October; half year life sales up 8%

Aegon's life and protection earnings leapt by 83% in the first half of the year while its sales grew by 8% compared to the same period in 2009.

clock 12 August 2010 •

Mortgages

CML cuts mortgage repo and arrears estimates

The Council of Mortgage Lenders (CML) has revised down its forecast on the numbers of borrowers who will fall behind with mortgage payments or lose their homes.

clock 12 August 2010 •

Emerging Markets

Euro business chiefs fear double dip recession

The greatest concern for European business leaders is a global double dip recession, according to research from the Economist Intelligence Unit (EUI) and ACE.

clock 12 August 2010 •

Investment

Frikkee expects BP to resume dividends in February

Tineke Frikkee, manager of the £2.52bn Newton Higher Income fund, expects BP to resume dividend payments as early as February next year.

clock 12 August 2010 •

Mortgages

FSA warns against sale and rent back broker

The FSA has issued a warning against Sevenoaks-based sole trader Mark Ainley for breaching his authorisation by entering into sale and rent back agreements.

clock 12 August 2010 •
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